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<p>[QUOTE="bhp3rd, post: 506315, member: 16510"]I just got to know what you'all think - (this is for opinion sake only and FUN!) is an American Silver Eagle a coin?</p><p>When I first heard of them I thought of my God what have we here - I was wrong (not the first time) I thought they would never amount to anything approaching a collector type coin with numismatic value other than the silver and most still don't. </p><p>Now I know they got a declared value, (denomination) and they qualify under definition to be a coin but I just don't really "get it". That would not be a first either.</p><p> </p><p>Reasons I do not think they are a coin:</p><p>1. It does not circulate, (now I know proofs don't either but at least they are copies of a coin that does).</p><p>2. They all are MS- 65 or above, (I mean what's the challenge? you never see a couple of dealers arguing over if it is mint state or a slider).</p><p>3. Nobody spends them or gets them in change, (either they are worth too much and everybody knows it or the clerk won't take it cause they do know what it is). Even proofs, usually impaired enter circulation.</p><p>4. Their value is in the silver and it is always much more than face. (I know silver coins are also now but were not during the years they were minted or not nearly by that much).</p><p>5. By definition they are bullion coins -( who uses bullion coins for anything other that storing value defined by it's content and not so much for the grade).</p><p>6. I don't know about you but I sure don't get the same feeling of "wow" looking at a 2008 Silver eagle as I do a gem mint state Buffalo nickel. To tell you the truth the eagle is kind of boring and coin collecting should not be boring. That's one of the reason I do it - it ain't boring.</p><p>I mean go to a show and display set of almost anything else in mint state, (of course leaving out all Franklin's, Kennedy's, Washington's, Jefferson's SBA's and Sac's plus Roosevelt's) say Buffs or Lincoln's or Indians and then shove a mint state set of Eagles in front of someone and see how much attention they really pay to those poor old eagles.</p><p>For the above reasons and for fun and banter I declare Silver American Eagles to be un-coins on this day Jan. whatever, 2009!!!!!!!!!!!!!!</p><p>Now guys and gals this is for FUN!</p><p>Ben Peters[/QUOTE]</p><p><br /></p>
[QUOTE="bhp3rd, post: 506315, member: 16510"]I just got to know what you'all think - (this is for opinion sake only and FUN!) is an American Silver Eagle a coin? When I first heard of them I thought of my God what have we here - I was wrong (not the first time) I thought they would never amount to anything approaching a collector type coin with numismatic value other than the silver and most still don't. Now I know they got a declared value, (denomination) and they qualify under definition to be a coin but I just don't really "get it". That would not be a first either. Reasons I do not think they are a coin: 1. It does not circulate, (now I know proofs don't either but at least they are copies of a coin that does). 2. They all are MS- 65 or above, (I mean what's the challenge? you never see a couple of dealers arguing over if it is mint state or a slider). 3. Nobody spends them or gets them in change, (either they are worth too much and everybody knows it or the clerk won't take it cause they do know what it is). Even proofs, usually impaired enter circulation. 4. Their value is in the silver and it is always much more than face. (I know silver coins are also now but were not during the years they were minted or not nearly by that much). 5. By definition they are bullion coins -( who uses bullion coins for anything other that storing value defined by it's content and not so much for the grade). 6. I don't know about you but I sure don't get the same feeling of "wow" looking at a 2008 Silver eagle as I do a gem mint state Buffalo nickel. To tell you the truth the eagle is kind of boring and coin collecting should not be boring. That's one of the reason I do it - it ain't boring. I mean go to a show and display set of almost anything else in mint state, (of course leaving out all Franklin's, Kennedy's, Washington's, Jefferson's SBA's and Sac's plus Roosevelt's) say Buffs or Lincoln's or Indians and then shove a mint state set of Eagles in front of someone and see how much attention they really pay to those poor old eagles. For the above reasons and for fun and banter I declare Silver American Eagles to be un-coins on this day Jan. whatever, 2009!!!!!!!!!!!!!! Now guys and gals this is for FUN! Ben Peters[/QUOTE]
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